CNOOC Turns on the Tap at QK 18-2 Oilfield

CNOOC reports that Qikou ("QK") 18-2, a new oil field in the Western part of Bohai Bay has come on stream successfully. The field is producing more than 2800 barrels of oil per day from 5 wells currently.

Located about 6 kilometers southwest of the producing field QK 18-1, QK18- 2 is a part of Boxi oil fields. It is consist of a production platform and a subsea pipeline. The field shares some production facilities with other Boxi Oil Fields.

Mr. Zhou Shouwei, President of the Company commented, "We have a busy development schedule this year. The successful completion of QK 18-2 is yet another milestone for us. This and other development will help us achieve offshore China's production target and allow us to take advantage of the current oil prices."

The Company owns 100% interest of the discovery.

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Completions Supervisor
Expertise: Drilling Foreman / Drilling Supervisor|Production Engineering|Workover or Completion
Location: Watkins, CO
Field Operator - Frac
Expertise: Field Service Tech|Fracturing
Location: Dickinson, ND
Nitrogen Operator
Expertise: Maintenance Technician|Production Operator|Truck / HGV Driver
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours